Data Center

Weld County Tax Rates

Colorado ranks 48th among the 50 states in tax revenue compared to personal income. The state ranks 18th in per capita state and local taxes, averaging 5% lower than the national average.

Because of its extensive oil and gas activity, Weld County has been able to maintain a real estate property tax level that is significantly lower than the surrounding areas. This translates into a competitive advantage for businesses.

The state does not levy a property tax; however, counties throughout the state do. Industrial/commercial property (buildings, land, and equipment) is assessed at 29% of market value (based on a variety of factors). In Weld County, there are 150 tax districts that overlap in a way that creates over 1,522 different tax areas, and therefore mill levies range from approximately 60.000 mills to 148.000 mills. The mill levy represents the dollars levied for each $1,000 of assessed value. For example, with a mill levy of 95.000 mills, the property owner would pay $95.00 for every $1,000 in assessed value.

Unemployment insurance tax liability is based on the taxable wage base, which is the first $10,000 of each worker’s wage. If covered for the first time, the tax rate will be 1.7% of the wage base or a rate equal to the industry average, whichever is greater. Upon the 3rd and 4th years of coverage, the rate is changed to a computed rate based on the employer’s individual experience.

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